/Companies

Benchmark Labs

Techstars '21

San Diego, US · Founded 2019 · 10 employees on LinkedIn · 3 known investors

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Benchmark Labs develops AI-powered, asset-specific weather forecasting solutions for agriculture, energy, and insurance sectors. The company uses machine learning and hyperlocal environmental data to provide point-specific forecasts that improve decision-making for fixed-asset verticals.

Also known as Benchmark Labs Inc.

Founders & leadership

Benchmark Labs was founded in 2019 by Carlos Gaitan, Ph.D., Ulrik Soderstrom, Christopher Lund, Ph.D., Carlos Gaitan, and Christopher Lund.

CGCarlos Gaitan, Ph.D.
Carlos Gaitan, Ph.D.CEO & Co-Founder
USUlrik Soderstrom
Ulrik SoderstromChief Strategy + Operations Officer & Co-founderChief Strategy and Operations Officer and co-founder of Benchmark Labs, which develops AI-powered weather forecasting solutions for agriculture, energy, and insurance sectors using machine learning and hyperlocal environmental data.
CLChristopher Lund, Ph.D.
Christopher Lund, Ph.D.Co-Founder
CGCarlos Gaitan
Carlos GaitanCEO & Co-FounderHe has over 15 years of experience in predictive analytics, forecasting, and time-series analysis, with expertise in machine learning and data science applied to climate and weather data, and has led technical teams across distributed environments.
CLChristopher Lund
Christopher LundCo-FounderChristopher Lund holds a Ph.D. in biological sciences from Stanford University and has worked in agricultural technology product development and R&D, with expertise in data analysis and strategic planning.

Investors · 3

Company profile

researched Sep 2026

Benchmark Labs is a San Diego-based company that produces asset-specific environmental forecasts using machine learning. Its technology refines and corrects biases in grid-based output from the National Weather Service and other global weather and climate models, combining it with data from in-situ sensors already installed at a customer's site to generate forecasts for a specific point location rather than a wider grid cell. Products span agriculture (water use and demand, growing degree days, pest, frost and heat forecasting, in-situ evapotranspiration forecasting), energy (wind speed, solar radiation and cloud cover forecasts), land management, oil and gas, construction and the built environment, and worker-safety use cases such as heat stress, water-break and OSHA-related alerts. A construction- and safety-oriented product is marketed as SafeCast.

The company states its forecasts can be up to 85% more accurate than National Weather Service forecasts and that customers can save more than 10% of operating costs and increase yields. Forecasts are delivered over a seven-day horizon and through an API. According to a Google for Startups case study, the AI system trains more than 1,500 models per week tailored to specific locations and retrains automatically on an hourly basis using newly assimilated data, with model parameters adjusted weekly per location. Rather than selling proprietary hardware, the company integrates with existing IoT sensor deployments and partners with sensor manufacturers.

Founding story

Co-founder and CEO Carlos Gaitan is a civil engineer originally from Bogotá, Colombia, with a master's in hydroinformatics and a Ph.D. in atmospheric sciences from the University of British Columbia. He worked as a researcher at NOAA's Geophysical Fluid Dynamics Laboratory in Princeton, collaborating with the National Weather Service on machine-learning applications, before moving into the private sector. He has cited his mother's 28 years at Colombia's National Federation of Coffee Growers as an influence on his interest in weather's economic impact on agriculture. In 2019 the company was founded to give farmers actionable, location-relevant weather data to help save water, energy, pesticides and fertilizer.

Business model

Benchmark Labs sells forecasting, recommendation and alerting services to operators of high-value fixed assets, delivering data through a web login and an API, and working with IoT sensor manufacturers as partners so that customers can use hardware they already own rather than purchasing new sensors.

Traction

Early adopters including California avocado farmers reported reduced water usage and increased yields. The company has been recognized as a 2022 Connect San Diego Cool Company, selected by Google to represent California in its 2024 Economic Impact Report, named a finalist for the 2026 Edison Awards for SafeCast, and nominated for industry awards including The Ventus Awards through its offshore wind work. It is certified as a Climate Leader through Aclymate, offsetting its carbon footprint by supporting Hernando County Landfill Electric Generation.

Latest developments

In 2025 and 2026 the company joined Black & Veatch's IgniteX Accelerator, was featured in Google's 2024 Economic Impact Report as California's representative, saw its SafeCast product named a finalist for the 2026 Edison Awards, and joined Chipotle's Cultivate Next portfolio. It also published construction-focused research and commentary on managing extreme heat with point-specific weather intelligence.

▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Positions itself against legacy weather providers and government agencies whose models produce forecasts for grid cells rather than specific locations, arguing that such coarse forecasts are inaccurate for users occupying their own microclimates. It has expanded from agriculture into renewable energy, offshore wind, oil and gas, construction and worker safety.

Point-specific rather than area-averaged forecasting; bias correction of existing public models using customer-site sensor data; no requirement for proprietary hardware, which the company contrasts with solutions requiring sensor replacement costing up to $1 million; continuously retrained, location-specific models; and a stated accuracy improvement of up to 85% versus the National Weather Service.

Technology

Machine-learning models are trained in cloud computing environments to downscale and bias-correct forecasts from the National Weather Service and other grid-based providers to specific points of interest, assimilating data from in-situ sensors at customer locations. Models are location-specific and dynamic: the company reports training more than 1,500 models per week, retraining hourly as new data arrives, and adjusting neural-network parameters weekly for each location. Google Cloud Platform was used for prototyping advanced models and Gemini is used internally for business intelligence, data collection and analysis.

Go-to-market

The company markets directly through its website and API, partners with IoT hardware manufacturers to reach existing sensor users, and has used accelerators and industry programs for customer discovery and distribution, including the Offshore Wind Innovation Hub, Black & Veatch's IgniteX Accelerator, Chipotle's Cultivate Next portfolio and Google for Startups programs such as the Latino Founders Fund and Sales Academy.

High-value land managers and fixed-asset operators globally, including farmers and commercial agriculture operations (for example avocado growers in California), conservancies, renewable energy and offshore wind operators, oil and gas operators, construction firms and land managers.

Geography

Headquartered in San Diego, California, with services marketed globally; offshore wind activity is conducted through the New York-based Offshore Wind Innovation Hub at the Brooklyn Army Terminal.

History

Founded in 2019 with an initial focus on microclimate forecasts for agriculture. In March 2022 the company was named a Cool Company by Connect San Diego and CEO Carlos Gaitan was featured on Successful Farming Radio; the same month Tom Cuppernull joined as Chief Product Officer and in April 2022 Marshall Borrus joined as a Deployed Engineer. In November 2022 the company launched in-situ evapotranspiration forecasting globally. It received support from Google's 2023 Latino Founders Fund and joined the Offshore Wind Innovation Hub program, extending its technology to turbines and buoys. In March 2025 it announced a collaboration with Seeed Studio on offshore vessel safety; in September 2025 it joined Black & Veatch's IgniteX Accelerator; in October 2025 it was featured in Google's 2024 Economic Impact Report as its California representative. SafeCast was named a 2026 Edison Awards finalist in February 2026, and in July 2026 the company joined Chipotle's Cultivate Next portfolio.

Risks & controversies

CEO Carlos Gaitan has publicly described difficulty raising venture capital as a Latino immigrant founder, noting reliance on competitive government funding sources such as NSF SBIR and NASA grants, and has described the U.S. immigration system as an obstacle for scientist-founders building companies.

Compiled by commissioned research from 9 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Claimed customer operating cost savingsJan 2026more than 10%
Claimed forecast accuracy improvement vs. National Weather ServiceJan 2026up to 85% more accurate
Forecast horizonJan 20257-day microclimate forecasts
HeadcountAug 202610
Location-specific models trained per weekJan 20251,500 models/week

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Related companies · 1

Companies working in the same space as Benchmark Labs.

Non-dilutive funding · 1 SBIR/STTR award

Federal grants — no equity taken
AgencyPhaseYearAmount
National Science FoundationPhase I2021$256K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Timeline · 11

launches, deals, and filings
Jul 2026
Joins Chipotle's Cultivate Next portfolio

Benchmark Labs announced it had joined Chipotle's Cultivate Next portfolio.

source ↗

Feb 2026
SafeCast named a 2026 Edison Awards finalist

Benchmark Labs' SafeCast product was named a finalist for the 2026 Edison Awards.

source ↗

Oct 2025
Featured in Google's 2024 Economic Impact Report

Google selected Benchmark Labs to represent California in its 2024 Economic Impact Report, highlighting its use of AI in agriculture and other sectors.

source ↗

Sep 2025
Selected for Black & Veatch's IgniteX Accelerator

Benchmark Labs was selected to join the IgniteX Accelerator program run by critical infrastructure firm Black & Veatch.

source ↗

Mar 2025
Collaboration with Seeed Studio on offshore vessel safety

Benchmark Labs announced a collaboration with Seeed Studio applying hyperlocal, point-specific forecasting to offshore vessel safety.

source ↗

Jan 2025
Expansion into offshore wind via Offshore Wind Innovation Hub

Benchmark Labs joined the Offshore Wind Innovation Hub innovator program led by NYU Tandon's Urban Future Lab, providing asset-specific forecasts for turbines and buoys; the company credits the program with connecting it to data sources, buyers and industry award nominations such as The Ventus Awards.

source ↗

Jan 2023
Support from Google's 2023 Latino Founders Fund

Benchmark Labs secured support from the 2023 Latino Founders Fund and participated in Google for Startups programs including the Sales Academy.

source ↗

Nov 2022
Global launch of in-situ evapotranspiration forecasts

Benchmark Labs announced the global launch of its in-situ evapotranspiration forecasting technology for the agriculture, energy and insurance sectors.

source ↗

Apr 2022
Marshall Borrus joins as Deployed Engineer

Marshall Borrus joined Benchmark Labs as a Deployed Engineer, previously a research and project assistant at Stanford University and with winemaking industry experience.

source ↗

Mar 2022
Named a 2022 Cool Company by Connect San Diego

Connect San Diego selected Benchmark Labs as a Cool Company, its designation for the fastest, most exciting startups in Southern California.

source ↗

Mar 2022
Tom Cuppernull joins as Chief Product Officer

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

▸Research sources · 9

primary sources listed

9 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Benchmark Labs do?
Benchmark Labs provides AI-based, location-specific weather forecasts, alerts and analytics for agriculture, energy and other fixed-asset sectors.
Who founded Benchmark Labs?
Benchmark Labs was founded by Carlos Gaitan, Ph.D., Ulrik Soderstrom, Christopher Lund, Ph.D., Carlos Gaitan, Christopher Lund in 2019.
Who are Benchmark Labs's investors?
Benchmark Labs's investors include NextView Ventures, REFASHIOND Ventures, Techstars.
Where is Benchmark Labs headquartered?
Benchmark Labs is headquartered in San Diego, US.